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Markets

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Kenya Power Kenya Power
Markets•

Kenya Power net profit edges up to Sh25 billion on higher sales

Utility experienced 411,710 new customers during the year ended 30th June, driving up sales by 12 percent to 12,777 GWh.
Michael Mutiga Michael Mutiga
Markets•

Michael Mutiga confirmed as Stanbic Bank Kenya chief executive

Mr. Mutiga joins Stanbic Bank Kenya from from Safaricom PLC where he was
Financial Markets Financial Markets
Markets•

CMA issues red alert on 15 entities scamming investors

Investing public urged to steer clear of engaging with unlicensed platforms
Aliko Dangote Aliko Dangote
Markets•

Dangote's record Sh207bn IPO tests investor appetite as Kenya refinery plan advance

Capital raise in Nigeria stock market will be vital in funding the construction

Below the fold

Below the fold

KCB Group CEO
Markets•

KCB’s cross-border foray pays off with Sh16.5Bn Q1 profit

Family Bank CEO
Markets•

Family Bank rides loan uptake to Sh1.05Bn in Q1 net profit

Burn CEO
Markets•

ElectriFI backs BURN with over Sh600M to electrify Kenyan kitchens

Absa custody services
Markets•

Absa unlocks new frontier with Kenya custody launch

KCB Superior Homes
Markets•

KCB, Superior Homes ink deal to smoothen property financing

Absa Bank Kenya
Markets•

Absa restructures Sh3.4 billion loans to support customers

AGF Equity
Markets•

Equity and AGF scale up MSME support with Sh64Bn boost

Family Bank
Markets•

EIB Global and Family Bank ready Sh14.7Bn credit for youth and women traders

Nissan Japan
Markets•

Market woes force Nissan to cut over 10,000 jobs globally

Pollman Kenya
Markets•

Africa Travel Investments goes all in with Pollman’s takeover

Kenya Centum Deal
Markets•

KCB, Centum Real Estate team up to boost homeownership

Jubilee Life Insurance CEO Asman Mugambi
Markets•

Jubilee Life Insurance posts Sh2.1 billion net profit